There are a lot of individuals in the world today who tend to be highly ignorant when it comes to investing. At the first hint of bad news they want to quit and pull their money out of an investment instead of waiting to see how everything comes out. The Stock Market crash of 1929 was caused by panic that was widespread throughout the United States when people chose to pull their money out of banks because of a sharp decline in stock prices. This public panic caused The U.S. Congress to pass the Glass-Steagall Act in 1933, which mandated a separation between commercial banks, which take deposits and extend loans, and investment banks, which underwrite, issue, and distribute stocks, bonds and other securities. If you are not fully cognizant of value investing than you should not be playing with the “big boys” of the corporate environment. There is no room for panic behavior when owning a business and gossip about companies is best left behind in High School. As a business owner you have the right to see everything about the business but the information to review remains in the corporate office for security reasons. Proprietary information has to be heavily guarded in corporate America due to the thievery prevalent in business. Investment ignorance is alive and well in the corporate business world, please do not let yourself be caught up in an emotional turmoil and wind up making hasty decisions that will affect your financial well being for the rest of your life.
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